Pat and Jordan Beber are married and file a joint return in 2021 They live at 12345 Hemenway Avenue, Marlborough, MA 01752 Pat is a self employed tax preparer whose SSN is 412 34 5670 Jordan is a software programmer whose SSN is 412 34 5671 Jordan had the following income and expenses for the year Jordan's W 2 Gross wages $ 100,776 Social security tax 6,248 Medicare tax 1,461 Federal withholding tax 18,735 State withholding tax 4,800 Pat was the sole proprietor of NAMA Tax Service The business is located at 123 Main Street, Marlborough, MA 01752, and the business code is 541213 Pat had the following revenue and expenses (Cash basis) Revenue $ 80,000 Expenses Advertising 1,200 Insurance 3,200 Telephone 2,400 Office rent 18,000 Utilities 4,800 Office supplies 5,000 Depreciation 6,041 (must be allocated to the 1231 assets listed next) Pat had the following business assets Office furniture Purchased for $4,950 on May 20, 2019 The equipment is being depreciated over seven year MACRS 200 declining balance Pat sold it on May 15, 2021, for $4,000 Office equipment Purchased a copier for $13,800 on January 10, 2021 The copier is being depreciated over five year MACRS 200 declining balance Pat makes no elections for 179 or bonus depreciation Computer and equipment Purchased a computer system for $8,900 on January 2, 2020 The computer is being depreciated over five year MACRS 200 declining balance Pat makes no elections for 179 or bonus depreciation Pat and Jordan had the following other sources of income and deductions Interest from a CD in the amount of $1,410 Long term loss carryover from 2019 of $5,000 Real estate taxes of $8,459 Home mortgage interest of $16,600 Charitable contributions in cash over the year of $2,500 all receipts and acknowledgments were received from the charitable organizations Pat has made four quarterly installments of $250 each as estimated taxes for 2021 All estimated tax payments were paid by the due date using the 1040 ES coupons Required Prepare Form 1040 and all related schedules, forms, and worksheets for Pat and Jordan Beber for 2021 The Bebers do not donate to the presidential election campaign Use the appropriate Tax Tables, Tax Rate Schedules and Depreciation Tables (6A 1, 6A 2, 6A 3, 6A 4 and 6A 5)

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Pat and Jordan Beber are married and file a joint return in 2021. They live at 12345 Hemenway Avenue, Marlborough, MA 01752. Pat is a

Pat and Jordan Beber are married and file a joint return in 2021. They live at 12345 Hemenway Avenue, Marlborough, MA 01752. Pat is a self-employed tax preparer whose SSN is 412-34-5670. Jordan is a software programmer whose SSN is 412-34-5671. Jordan had the following income and expenses for the year:

Jordan's W-2:
Gross wages	$ 100,776
Social security tax	6,248
Medicare tax	1,461
Federal withholding tax	18,735
State withholding tax	4,800

Pat was the sole proprietor of NAMA Tax Service. The business is located at 123 Main Street, Marlborough, MA 01752, and the business code is 541213. Pat had the following revenue and expenses (Cash basis):

Revenue	$ 80,000
Expenses:
Advertising	1,200
Insurance	3,200
Telephone	2,400
Office rent	18,000
Utilities	4,800
Office supplies	5,000
Depreciation	6,041	(must be allocated to the 1231 assets listed next)

Pat had the following business assets:

Office furniture: Purchased for $4,950 on May 20, 2019. The equipment is being depreciated over seven-year MACRS 200% declining balance. Pat sold it on May 15, 2021, for $4,000.
Office equipment: Purchased a copier for $13,800 on January 10, 2021. The copier is being depreciated over five-year MACRS 200% declining balance. Pat makes no elections for 179 or bonus depreciation.
Computer and equipment: Purchased a computer system for $8,900 on January 2, 2020. The computer is being depreciated over five-year MACRS 200% declining balance. Pat makes no elections for 179 or bonus depreciation.

Pat and Jordan had the following other sources of income and deductions:

Interest from a CD in the amount of $1,410.
Long-term loss carryover from 2019 of $5,000.
Real estate taxes of $8,459.
Home mortgage interest of $16,600.
Charitable contributions in cash over the year of $2,500; all receipts and acknowledgments were received from the charitable organizations.

Pat has made four quarterly installments of $250 each as estimated taxes for 2021. All estimated tax payments were paid by the due date using the 1040-ES coupons.

Required:

Prepare Form 1040 and all related schedules, forms, and worksheets for Pat and Jordan Beber for 2021. The Bebers do not donate to the presidential election campaign. Use the appropriate Tax Tables, Tax Rate Schedules and Depreciation Tables (6A-1, 6A-2, 6A-3, 6A-4 and 6A-5).